Consider the bill of material for a product, A, and the data given in the table that follows. The gross requirements for A are 150 units in week 5 and 200 units in week 8. Item Lead-Time (weeks) A B 1 2 { B(1) C(2) On hand quantity 60 40 Lot size Lot-For-Lot 60 C(1)
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- 3.. Calculate the Economic Order Quantities (EOQs) for the A items.1. Speedy, Inc. is a company that produces automotive electrical components. AI5I is a common part for all its products. Consider the following grass requirements and inventory data for AISI part: Week 3 6 7 Grass requirements 40 30 30 70 20 Inventory Data: Lead time Beginning inventorry Scheduled receipts Holding cost Setup cost 1 week 40 $2.50/unit/week S150 Based on the L4L. lot-sizing rule, develop a Material Requirements Plan (MRP) for the next 8 weeks for A15I part. Item: A151 Week 5 Lot size: L4L 1 2 4 7 8 Lead time: 1 Gross Requirements Scheduled Receipts On Hand Inventory Net Requirements Planned Order Receipts Planned Order Releases (ii) Based on the FOQ - 57 units lot-sizing rule, develop a Material Requirements Plan (MRP) for the next 8 weeks for A151 part. Item: A151 Lot size: FOQ 57 Lead time: 1 Gross Requirements Scheduled Receipts On Hand Inventory Net Requirements Planned Order Receipts |Planned Order Releases Week 1 2 4 5 7 8Assume you are the manager of a shop that assembles power tools. You have just received an order for 55 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws follows: Item Lead Time (weeks) On Hand Saw A B C D E F 2 1 2 2 1 1 2 Gross requirements Scheduled receipts Projected on hand Net requirements Planned order receipt Planned order release Ĉ E(3) & E(2) LT = 1 week Lot size: Lot-for-Lot 15 10 5 65 20 10 30 Skip Extension Tip: Double click to open in new tab Show Transcribed Text Develop the material requirements plan for component E using lot-for-lot ordering for all items. (Leave no cells blank - be certain to enter "0" wherever required.) Components A(2), B(1), C(4) E(3), D(1) D (2), F(3) E(2), D (2) Beg. Inv. 1 2 3 190 5 210 6
- 4.7 Complete the following table. Lead time for the part is two weeks. The lot size is 50. What is the projected available at the end of week 3? When is it planned to release an order? Week Gross Requirements Scheduled Receipts 1 2 3 4 30 25 10 10 10 50 Projected Available 10 Net Requirements Planned Order Receipt Planned Order ReleaseA Corporation assembles two products as shown in the product structures below. It has orders for 480 on period 8 and 100 units on period 9 of product X.. Develop the MRP table for each of the items. Item Amount on hand Schedule receipts Lot-sizing rule X 180 0 L4L A 100 0 Periodic order quantity (2 weeks) B 50 0 100 C 50 0 200 D 50 0 400 X LT = 2 A (2) LT = 2 B (1) LT = 2 C (3) LT = 1 D (1) LT = 3 D (2) LT =2Best-Appliance makes high-powered industrial strength microwave oven and wants to create an MRP for their oven assembly with a minimum cost possible. Following table show gross requirements of their product for twelve weeks. Develop a Part Period Balancing (PPB) solution and calculate the total relevant costs for the plan. Week Gross requirements 1 30 Week Gross requirements On-hand at beginning of week 40 On-hand at end of week Order receipt Order release Total relevant cost for this plan is = $ 2 3 30 1 30 4 2 5 40 70 20 Also, for this plan the Holding cost = $2.50/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 40 units. Use the table below to develop a PPB solution for MRP (enter your responses as whole numbers). 3 30 6 7 8 4 5 40 (enter your response as a whole number). 6 ॥ 70 9 10 70 7 20 10 11 8 D 12 50 9 10 11 12 10 70 50
- Complete the master productin schedule based on thefollowing information:Week 1 2 3 4 5 6 7 8 9Forecast 320 100 30 110 40 240 290 60 410Customer Orders 60 50 80 20 60 60 0 0 0Projected On-Hand Inventory 600MPS ReleasedMPS DueAvailable-to-promise (ATP) Scheduled production whenever projected on-had inventory drops below 30MPS lot size: 300Production lead time or lead time for MPS releases 12.7 Which of the following help explain how the Reorder Point (ROP) works in conjunction with the Economic Order Quantity (Q), the number of orders (N) and the time between orders (T)? a) The Economic Order Quantity (Q) and the Annual Demand (D) are used to determine the number of Order (N) b) The number of orders (N) and the number of days that a firm works (W) are used to determine the time span between orders (T) c) Orders are placed every T days unless the inventory on hand fall to or below the Reorder Point d) Only a and b e) f) Only b and c All of a, b and c 2.8 The objective of Inventory Management is to balance inventory investment (cost) and customer service. a) TRUE b) False 2.9 The Economic Order Quantity (EOQ), the number of orders, the Reorder Point (ROP), the time between orders are important analytics in Inventory Management. a) TRUE b) FALSE 2.10 The number of working days for a firm is an important input in calculating the components of the Economic Order Quantity…Part (A) To control the inventory, organizations have three alternate approaches: Economic Order Quantity (EOQ). Materials Requirements Planning (MRP) and Just-in-Time (JIT). Discuss those three approaches identify the goal of each one? And how the organization can achieve such a goal? Part (B) Some threats could be happened in the production cycle, one of them is over or under production threat. Discuss two problems and two controls related to this threat. for the toolbar, press ALT F10 (PC) or ALT+FN+F10 (Mac).
- Consider the following information. PART X Gross Requirements Scheduled Receipts Projected On-Hand Inventory 100 Q = 60, LT= 3 weeks, Safety Stock = 5 1 70 70 PART X Gross Requirements Scheduled Receipts Projected On-Hand Inventory 100 Planned Order Releases 1 70 70 100 2 0 > X WEEK 3 40 Compute the planned order releases and projected on-hand inventory for component part X. Round your answers to the nearest whole number. If your answer is zero, enter "0". 2 0 4 0 100 WEEK 3 40 5 160 60 4 0 40 0 X 5 160 Check My Work -60 0This question is based on the following information pertaining to material Pogi: Usage 50 – 100 lbs. per day Lead time 8 – 12 days Size of the order 600 lbs. No. of days in a year 340 What is the average stock level? A. 1,250 B. 1,200 C. 1,000 D. 9252. What is the maximum stock level? 2,500 2,000 1,400 1,2003. What is the minimum stock level? 450 800 850 1,000 4. What is the re-order level? 1,200 1,600 1,750 1,800Heather Adams, production manager for a Colorado exercise equipment manufacturer, needs to schedule an order for 50 UltimaSteppers, which are to be shipped in week 10. Subscripts indicate quantity required for each parent. Assume lot-for-lot ordering. Item Lead Time On-Hand Inventory Components Stepper 2 10 A(2), B(2), C(1) A 1 10 D(1), F(2) B 2 20 E(1), F(3) C 3 10 D(2), E(3) D 2 15 E 2 5 F 2 20 c) Develop a net material requirements plan for F (enter your responses as whole numbers). Week Lead Time Item 3 4 5 6 7 8 9 10 (weeks) F Gross req enter your response here enter your response here 2 On hand enter your response here enter your response here Net req enter your response here enter your response here Order…